BlackRock's GIP plans to acquire Aligned Data Centers for $40 billion

According to ChainCatcher news and Bloomberg reports, BlackRock's Global Infrastructure Partners is in deep discussions with Aligned Data Centers for an acquisition of approximately $40 billion.

Aligned secured $12 billion in equity and debt financing earlier this year, aiming to expand to a 5 GW data center capacity. Currently, it has an operational capacity of about 600 MW and approximately 700 MW under construction, managing or developing a total of 78 data centers. Based on an industry price of about $210 per kilowatt per month, Aligned's annual revenue could be nearly $1.6 billion, potentially reaching $3.4 billion including the capacity under construction. CoreWeave disclosed a revenue of $1.91 billion for 2024, with 470 MW already operational.